Imec Reports 14 Percent Growth in 2015

Publication date : 29/04/2016

Technology Innovation and Strategic Partnerships Fuel Gain in Revenue

LEUVEN, Belgium (April 29, 2016) — World leading nanoelectronics research center imec and its board of directors today announced the company’s financial results for the fiscal year ending Dec. 31, 2015. Imec’s revenue for 2015 totaled 415 million euro, marking 14 percent growth over the previous year. Adding an additional 230 employees, imec boosted its year-end count to 2,417. The company’s strong growth was driven by continued technology innovation, achievements, and strategic partnerships.

The fiscal year-end revenue total includes revenue generated through R&D contracts with industrial partners and various universities worldwide, and ASIC and system design, prototyping and low-volume manufacturing services for SMEs and universities. Additionally, funds from European research initiatives, the yearly grant from the Flemish government (47.7 million euro), and Dutch public funding (2.75 million euro) to support imec The Netherlands at Holst Centre, an open innovation initiative setup by imec and TNO celebrating its 10th anniversary in 2016, are attributed to the year-end totals. Collaboration and technical achievements are core to imec’s successful 2015.

In addition to the financial growth, there were noteworthy collaborations with companies worldwide and the launch of  miDiagnostics together with Johns Hopkins University, developing a disposable chip for blood testing . Imec executives, scientists and researchers also published 998 prominent scientific papers and filed a record number of 180 European patents, underscoring their thought leadership on nanoelectronics and its applications topics.
“2015 has been a fantastic year and we are determined to continue the advancement of disruptive solutions through groundbreaking research and development,” stated Luc Van den hove, president and CEO at imec. “Together with our partners, we will overcome the next technological challenges and support them with sustainable solutions for the smart city, smart health, smart grid, smart mobility, smart manufacturing, … smart everything. With our talented team of researchers, prospects for groundbreaking research, and the recent merger announcement with iMinds, imec is poised for even more growth in the coming year.”

2015 Organizational Highlights:

•    As an international scientific hub, 73 nationalities are now represented at imec, a multicultural environment, attracting top global talent
•    998 peer-reviewed papers and conference presentations were published
•    Imec and the organization’s researchers received 23 awards, including many best paper awards at important scientific conferences.
•    With a record of 180 filed patents, imec confirmed its position at the top for Belgian applicants of European patents in 2015 and strengthening its portfolio of R&D offerings.

About imec

Imec performs world-leading research in nanoelectronics and photovoltaics. Imec leverages its scientific knowledge with the innovative power of its global partnerships in ICT, healthcare and energy. Imec delivers industry-relevant technology solutions. In a unique high-tech environment, its international top talent is committed to providing the building blocks for a better life in a sustainable society. Imec is headquartered in Leuven, Belgium, and has offices in Belgium, the Netherlands, Taiwan, USA, China, India and Japan. Its staff of more than 2,400 people includes about 740 industrial residents and guest researchers. In 2015, imec's revenue (P&L) totaled 415 million euro. Further information on imec can be found at www.imec.be. Stay up to date about what’s happening at imec with the monthly imec magazine, available for tablets and smartphones (as an app for iOS and Android), or via the website www.imec.be/imecmagazine
Imec is a registered trademark for the activities of IMEC International (a legal entity set up under Belgian law as a "stichting van openbaar nut”), imec Belgium (IMEC vzw supported by the Flemish Government), imec the Netherlands (Stichting IMEC Nederland, part of Holst Centre which is supported by the Dutch Government), imec Taiwan (IMEC Taiwan Co.)and imec China (IMEC Microelectronics (Shanghai) Co. Ltd.) and imec India (Imec India Private Limited).
 

Contact

imec: Hanne Degans, Press officer and communications specialist, T: +32 16 28 17 69, Mobile: +32 486 065 175, Hanne.Degans@imec.be